South Korean won slips following Kim Jong-il’s death


As news broke of the death of Kim Jong-il, North Korea's controversial leader, eyes turned to the South Korean financial markets, which responded negatively.

The South Korean won fell to a two-month low against the dollar and sterling as a result of the geopolitical uncertainty that Kim Jong-il's death brings. The won tracks the performance of local equities, and the benchmark KOSPI stock index is down by 3.43% today.

The world will now watch closely as Kim Jong-un takes over leadership of the c

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: